You have to specify the return type of the stored procedure when you create the function import. If the stored procedure returns the same number of columns as any of your object choose the object as your return type from Entities Dropdown. If the object
is custom then click on the GetColumninformation to see the columns and create a new complex type or chose an existing complex type.
Look at this link for the screenshot (I am giving this link only for you to see the screen shot of AddFunctionImport )
http://social.msdn.microsoft.com/Forums/en-US/adodotnetentityframework/thread/e7f598a2-6827-4b27-a09d-aefe733b48e6/